Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Section 271C was noted as having been interpreted by the SC as inapplicable where tax deducted at source was deducted and remitted belatedly, supporting a prima facie challenge to penalty while leaving its final applicability for statutory appeals. The discussion states that circulars and office memoranda on stay of demand are guidelines, not statutory constraints on discretion under Section 220(6). Recovery of penalty was conditionally stayed pending appeal and for a further limited period, with expedited appellate disposal directed.
Section 271C was noted as having been interpreted by the SC as inapplicable where tax deducted at source was deducted and remitted belatedly, supporting a prima facie challenge to penalty while leaving its final applicability for statutory appeals. The discussion states that circulars and office memoranda on stay of demand are guidelines, not statutory constraints on discretion under Section 220(6). Recovery of penalty was conditionally stayed pending appeal and for a further limited period, with expedited appellate disposal directed.
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